Daniel Cannizzaro

Volt collapse hits fintechs with butterfly effect

- June 30, 2022 2 MIN READ

The collapse of Volt is sending shockwaves through the fintech sector as startups closely connected to the neobank, such as Parpera, scramble to regroup. The fintech partnered with Volt for banking services, meaning its 500+ small business customers have lost banking, payments and cards functions until a new banking collaborator is found. In a post… Read more »


Reinventure founder Simon Cant inducted into fintech’s Hall of Fame at Finnies awards

- June 23, 2022 2 MIN READ

Monoova, Nano Digital Home Loans, BTC Markets, Wagestream, Tanggram, and Up are among the biggest winners of the seventh annual FinTech Australia Finnie Awards. For the first time in the awards’ history, no company won more than a single prize, with FinTech Australia CEO Rehan D’Almedia saying it demonstrated the growth of the sector in recent… Read more »


Adelaide fintech Apxium plots global push into big accounting firms

- June 9, 2022 3 MIN READ

Apxium is a leading provider of accounts receivable automation software, along with smart payments tech and automated invoice financing to deliver a unique combination that was previously missing within the global professional services arena. Founder and Managing Director Jeremy Coombe said that as a unique “SaaS+FinTech” innovation, Apxium brings new technology to solve problems evident… Read more »


Superhero and Swyftx merge to create a new fintech unicorn

- June 8, 2022 2 MIN READ

Share trading and superannuation fintech Superhero will merge with cryptocurrency exchange Swyftx to create a four-year-old fintech startup valued at $1.5 billion. The two fintechs will continue to operate their separate brands and platforms while offering both services to all users in what they describe as create “the country’s first digital and traditional finance powerhouse”,… Read more »


Why Mastercard’s new ‘smile to pay’ face recognition payment system could cause some big problems

- May 27, 2022 4 MIN READ

Mastercard’s “smile to pay” system, announced last week, is supposed to save time for customers at checkouts. It is being trialled in Brazil, with future pilots planned for the Middle East and Asia. The company argues touch-less technology will help speed up transaction times, shorten lines in shops, heighten security and improve hygiene in businesses.… Read more »


NAB is getting into BNPL

- May 26, 2022 2 MIN READ

In another blow for the already crowded buy-now-pay-later (BNPL) sector, another major bank is getting into the space, with NAB announcing its own pay-in-four instalments offering. The bank’s opened pre-registration for customers today for the NAB Now Pay Later product They will be able to access up to $1,000, split purchases into four payments, use… Read more »

Andrew Porter

FinTech Australia reveals 2022 Finnies finalists

- May 6, 2022 3 MIN READ

The finalists for FinTech Australia’s sixth annual business awards, known as The Finnies, have been announced. More than 290 entries were received for this year’s awards, across 20 categories, with the judges selecting a shortlist of 125 finalists. FinTech Australia CEO Andrew Porter said the calibre of entries continues to rise each year for the… Read more »